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Easyjet last week revealed that the Air France pilots strike has boosted its profits by around 5 million. The budget carrier claims the lengthy industrial action at Air France has resulted in passengers switching to Easyjet. As a result, it has lifted its profit forecast as its shares have risen in value.

Easyjet now expects its pre-tax profit for the year to September 30 to be between 575 million and 580 million, up from 545 million to 570 million.

Carolyn McCall, Easyjet s chief executive, said: We finished the year strongly. Our performance demonstrates our continued focus on cost and progress against all our strategic revenue priorities and further emphasises Easyjet s structural advantage against both legacy and low-cost competition. 

Earlier last week, Air France pilots called off their two-week strike so that negotiations with the airline can continue in a calmer climate .

There is still no agreement between the carrier and pilots union SNPL, which is protesting plans to transfer jobs to Air France subsidiary Transavia.

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